Values have been changing and have risen £655 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,108 in last 6 months, £7,454 in last 1 year, £12,466 in last 2 years, £13,137 in last 3 years, £11,827 in last 4 years and £11,599 in last 5 years.
Currently average asking price of a property in Lee Gardens, Smethwick, B67 is around £155,758 based on approximately 2 properties for sale. Same is the case with rental options based on 69 properties up for rent, average asking rent is around £585 per month.
Estimated property value in Lee Gardens, Smethwick, B67 is £122,800. Average asking price is £155,758 while average price paid is £109,000 which is up by £7,454 and Avg. asking rent £585.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Lee Gardens, Smethwick, B67 area. In last 1 year alone average price buyer paid is around £109,000 based on approximately 2 sales in Lee Gardens, Smethwick, B67 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £106,666. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £108,500 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £109,600 per sale.